He serves as the Financial Reporting Valuation Leader for the West Coast.
With more than 14 years of valuation and M&A experience, Mr. Sloan’s primary focus has been in providing intangible asset purchase price allocation, goodwill and long-lived asset impairment testing analyses for tax and financial statement reporting purposes pursuant to IRC 1060 and 338 (Tax Code); FASB ASC 805, 350 and 360 (U.S. GAAP); as well as IFRS 3R and IAS 36 and 38 (International GAAP), and valuing securities (stock options and various equity-based awards) issued as deferred compensation subject to compliance with ASC 718, IRC 409-A and SEC / AICPA “cheap stock” regulations.
He has worked with clients across various industries, including software / Internet, telecommunications, infrastructure construction and consumer packaged goods (CPG).
Mr. Sloan has valued patents, trademarks, trade secrets, among other intangible assets. He has valued a number of unique assets and liabilities including: contingent consideration (earn outs), deferred revenue, domain names (URLs), cable franchise (certificate) rights, wireless spectrum licenses, software, middleware, hardware and non-compete agreements.
Notable assignments include a breach-of-contract damage analysis of a cable system operator involved with no-solicitation and reasonable best efforts clauses in purchase agreements in the Delaware Court of Chancery: WaveDivision Holdings v. Millennium Digital Media Systems; intellectual property valuation analysis of reseller and distributor of computers and related products involved in fraudulent transfer claim in U.S. Bankruptcy Court, District of Delaware: Bridgeport Holdings, et al. v. CDW Corp.; and valuation analysis of publicly-traded overseas conglomerate involved in shareholder dissension in Delaware Chancery: Gesoff et al. v. IIC Industries, Inc. et al.
Before A&M, he spent more than 10 years with the valuation services practice of Grant Thornton.
Mr. Sloan earned a bachelor of arts in business administration, summa cum laude, with a major in finance and a minor in economics, from Seattle University. He is an Accredited Senior Appraiser (ASA) in business valuation and holds the Intangible Asset (IA) specialty designation, both from the American Society of Appraisers.
He is the co-author of Valuation of Contingencies under ASC 805 (SFAS 141R), ASA BV 302 Special Topics in the Valuation of Intangible Assets course. Additionally, he is a contributing author to the 2nd and 3rd editions of Financial Valuation: Applications and Models.